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Russia Invasion of Ukraine to Push up Energy, Food Prices

The United States and its allies are escalating sanctions against Russia as a result of its invasion of Ukraine that could ripple through the world economy, aggravating inflation and supply chain issues, and prompting consumer …

How Much Inflation Can Consumers Handle?

Inflation at the grocery store continues to rise — and consumers are noticing. In fact, the CPI food at home index rose 7.4 percent over the last 12 months, according to The Bureau of Labor …

FI Fast Break audio news: Jan. 26, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine Coca-Cola’s experiment with alcohol, Walmart’s investment in indoor farming, and more. The Food Institute Podcast · FI Fast Break News – Jan. 26, …

FI Fast Break audio news: Jan. 19, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the evolution of convenience stores, and provide an update on port backlogs. The Food Institute Podcast · FI Fast Break News – Jan. …

FI Fast Break audio news: Jan. 12, 2022

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine projected food-cost increases, businesses’ “boomerang” employee issue, and more. The Food Institute Podcast · FI Fast Break News – Jan. 12, 2022 The …

How Much Are People Willing to Pay for Cereal? 

A new report sheds light on just how much consumers are willing to pay for their favorite cereals in the current inflationary environment. Veylinx, a consumer insights platform that uses behavioral research to predict purchasing …

FI Fast Break audio news: Dec. 28, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the future of trade shows, the prospects for plant-based cheese, and more. The Food Institute Podcast · FI Fast Break News – Dec. …

Experts Weigh In on 2022 Inflation Outlook

With food more expensive than it has been in decades and inflation surging, business owners and consumers alike are worried about what the future holds. How high can prices go? When will inflation starts to ...

Consumers Continue to Spend Despite Drop in Economic Optimism

Consumers are making purchases at a record clip, but economic sentiment continues to wane. Spending across Bank of America’s network of debit and credit cards has surged — mainly in entertainment, travel, and restaurants — …

FI Fast Break audio news: Dec. 22, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we break down predictions for food inflation and multiple labor disputes. The Food Institute Podcast · FI Fast Break News – Dec. 22, 2021 The …

Inflation Eating Away at Food Industry Profits

Americans are feeling the effects of the pandemic in their pocketbooks, with inflation rising at its fastest clip in four decades. This morning, the Labor Department reported that the Producer Price Index for final demand …

What’s Ahead In 2022?

The food and beverage industry has gone through tremendous change over the past 12 months. 2021 has shown us that this industry can adapt quickly and pivot in the face of adversity. But what lies ...

FI Fast Break audio news: Dec. 8, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine New York City’s vaccination mandate, optimism within the fine-dining space, and more. The Food Institute Podcast · FI Fast Break News – Dec. …

FI Fast Break audio news: Dec. 1, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine how restaurants are rethinking delivery, grocery chains’ big boost from Turkey Wednesday 2021, and more. The Food Institute Podcast · FI Fast Break …

FI Fast Break audio news: Nov. 23, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the “Strikesgiving” trend, Thanksgiving shopping projections, and more. The Food Institute Podcast · FI Fast Break News – Nov. 23, 2021 The FI …

FI Fast Break audio news: Nov. 17, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine rising food prices, the so-called “shroom boom,” and more. The Food Institute Podcast · FI Fast Break News – Nov. 17, 2021 The …

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FI Fast Break audio news: Nov. 10, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine changing consumer purchasing habits, the lunch day-part’s recovery at restaurants, and more. The Food Institute Podcast · FI Fast Break News – Nov. …

FI Fast Break audio news: Nov. 3, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine encouraging holiday retail sales news, and update trucking delays. The Food Institute Podcast · FI Fast Break News – Nov. 3, 2021 The …

Food Industry Execs: Inflation Could Worsen Yet

Overall CPI rose 0.4% in September, slightly ahead of estimates of 0.3%, with the indexes for food and shelter contributing to more than half of the monthly increase. The food price index climbed 0.8%, with …

FI Fast Break audio news: Oct. 20, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine inflation’s impact on major CPG companies and more. The Food Institute Podcast · FI Fast Break News – Oct. 20, 2021 The FI Fast …

How High Can Prices Go: Top Consumer Foods

As pandemic restrictions eased, pent-up consumer demand kept inflation elevated. In July, the overall consumer price index (CPI) rose 0.5%, a somewhat moderate gain relative to recent increases. Yet, over the past 12 months, price …

FI Fast Break audio news: Aug. 11, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine how consumers are stocking their pantries due to the Delta variant, the restaurant industry’s recovery, and more. The Food Institute Podcast · FI …

Restaurant Sales are Booming, But for How Long?

The restaurant industry continued to regain its financial footing in June, but the pandemic aftershocks have yet to subside. “The industry right now is extremely strong and is surging. For many operators, they have more business …

FI Fast Break audio news: July 28, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we break down the surging prices of both seafood and coffee, vaccination requirements in California, and new unemployment statistics. The Food Institute Podcast · FI …